Crypto

Donald Trump is considering cryptocurrency as a potential solution to the soaring US national debt. In a recent discussion, Trump queried David Bailey, CEO of Bitcoin Magazine, about Bitcoin’s ability to address the nation’s $35 trillion debt. Bailey and His Team Advise Trump on Bitcoin Policies Bailey revealed the details of this conversation during a recent X space session, noting that in their initial meeting, Trump inquired if Bitcoin could help alleviate the $35 trillion national debt. Although Bailey had…

Ethereum’s transition to a Proof-of-Stake (PoS) blockchain reinforced the concept of staking crypto assets to support network consensus and security. Barely two years since this milestone, the amount of staked ETH stands at 32.3 million, which translates to around 26.89% of the total supply in circulation. So, why are more crypto natives opting to stake their digital asset holdings? One of the main motivations is the passive income derived from this process, but before diving into the details, let’s first…

A prominent crypto analyst has made a bold prediction about Bitcoin (BTC), unveiling when the pioneer cryptocurrency would reach its new all-time high. Meanwhile, two altcoins of crypto projects – ETFSwap (ETFS) and Retik Finance (RETIK) are set to follow in Bitcoin’s footsteps to reach new ATHs in the upcoming bull market in 2024.  ETFSwap (ETFS) Set To Reach New All-Time High Above $5 ETFSwap (ETFS) is a decentralized exchange where users can swap cryptocurrencies for tokenized exchange-traded funds (ETFs).…

The post Crypto Whale Accumulation Signals Major Altcoin Season on the Horizon appeared first on Coinpedia Fintech News The cryptocurrency industry has experienced heightened volatility in the past few days as investors position their portfolios for maximum gain. Bitcoin (BTC) price briefly rallied above $70k on Monday before quickly retracing below $68k on Tuesday during the early Asian session.  While most of the altcoins led by Ethereum (ETH) slipped in the past 24 hours, speculation in the meme coin industry…

The post The Top 3 Reasons Why Crypto Market Volatility Will Shoot Up: Who Will Regain Dominance—Bulls or Bears? appeared first on Coinpedia Fintech News The Bitcoin price is undergoing a roller coaster ride as bulls and bears demonstrate their power at regular intervals. This has compelled the star token to stick within a pre-defined consolidation phase, which is expected to have a major impact in the coming days. On the other hand, many events occurred which favoured the crypto…

The post Donald Trump-Linked Crypto Wallet Soars to $10 Million in Value appeared first on Coinpedia Fintech News A crypto wallet connected to former American President Donald Trump has soared in value to 10 million, according to a report by blockchain data tracker Arkham Intelligence. Currently, this wallet holds 579,300 MAGA tokens and is identified by the ticker TRUMP, which witnessed a recent value hike.  This increase in value, along with other assets in the wallet, has driven the total…

The XRP price saw some recovery over the weekend, and has continued to maintain some of this bullish momentum. However, it seems experts do not expect the altcoin to continue its bullish trend, with one crypto analyst predicting that the XRP price is headed for a massive crash. XRP Price On The Verge Of An 80% Crash A crypto analyst who goes by the moniker Without Worries on the TradingView website has shared a concerning development for the XRP price.…

The defunct crypto exchange Mt. Gox has initiated a transaction involving over 75,000 Bitcoin (BTC), valued at approximately $5 billion. This marks the first movement of these funds in more than five years, causing ripples across crypto markets. The recent developments regarding Mt. Gox have attracted considerable attention, not just because of the magnitude of the funds involved but also due to potential impacts on crypto markets. Will Mt. Gox Creditors Continue Holding Bitcoin? According to Arkham Intelligence, A wallet…

The post Top 5 Best Crypto Staking Platforms appeared first on Coinpedia Fintech News Crypto trading is pretty common but crypto staking has become the latest trend out there. We don’t mind saying that it has transformed the finance world as it has become a go-to way of growing wealth. With crypto staking, investors can generate passive income by taking part in the validation of a blockchain network. This is usually considered a low-risk investment but it’s important to find…